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Energy

Form Energy

Form Energy raises $405M Series F at $2.5B valuation

$405M
Total Raised
Series F
Latest Round
2017
Founded
300+
Employees
Somerville, MA
Updated December 15, 2024
1 min read

Quick Facts

Valuation
$2.5B
Latest Round Size
$405M
Latest Round Date
December 2024

Form Energy: Series F Funding Round

Form Energy has successfully raised $405M in Series F funding, reaching a valuation of $2.5B.

Company Overview

Iron-air battery technology for grid storage

Funding Details

The Series F round was led by Bill Gates, with participation from TPG Rise Climate, ArcelorMittal.

Company Information

  • Headquarters: Somerville, MA
  • Founded: 2017
  • Employees: 300+
  • Category: Energy

Investment

Form Energy plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Bill Gates: Verified investor in Series F
  • TPG Rise Climate: Verified investor in Series F
  • ArcelorMittal: Verified investor in Series F

Key Investors

Bill Gates
Lead Investor
Verified investor in Series F
TPG Rise Climate
Investor
Verified investor in Series F
ArcelorMittal
Investor
Verified investor in Series F

Topics

verified(3079)real-funding(3079)form-energyenergyseries-fsomerville

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources

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